Welcome to our dedicated page for APA (US) news (Ticker: APA), a resource for investors and traders seeking the latest updates and insights on APA (US) stock.
APA Corporation (NASDAQ: APA) is an upstream oil and natural gas company whose news flow reflects its role in the crude petroleum and natural gas extraction industry. The company regularly issues press releases and SEC filings that cover exploration and production activities, regional developments and financial performance across its portfolio.
According to APA, its subsidiaries explore for and produce oil and natural gas in the United States, Egypt and the United Kingdom, and explore for oil and natural gas offshore Suriname and elsewhere. News about APA often highlights operational updates in these regions, including realized prices by area, production curtailments in response to regional price conditions and payments related to its longstanding partnership with the Egyptian General Petroleum Corporation.
Investors following APA news can expect updates on quarterly financial and operating results, supplemental information on realized prices and regional metrics, and announcements of regular cash dividends on common shares. The company also reports on governance developments, such as the appointment of a new vice president, Chief Accounting Officer and Controller, along with details of that role’s responsibilities and compensation structure as disclosed in Form 8-K filings.
APA’s subsidiary Apache Corporation contributes additional news related to environmental and community initiatives, including the Apache Tree Grant Program, which donates trees to nonprofit organizations and government agencies in the company’s operational areas. These stories provide context on how APA associates its upstream business with environmental stewardship and community engagement.
This news page aggregates APA-related press releases, regulatory disclosures and other coverage so readers can review the company’s latest announcements on operations, regional developments, dividends, governance changes and community programs in one place.
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APA Corporation (Nasdaq: APA) released supplemental information regarding its first-quarter 2023 financial results, aimed at assisting investors with current estimates. The estimated average realized prices for oil, NGL, and natural gas in the United States are $75.00, $24.00, and $2.40 per unit, respectively. International prices are higher, with oil at $81.00 and NGL at $73.00. The company reported an average production of 41 MBoe/d from Egypt, with a realized gain on commodity derivatives of $20 million, while dry hole costs are estimated to be between $30 million and $40 million. General and administrative expenses are projected at $75 million. The weighted-average shares outstanding for Q1 2023 is estimated at 311 million, compared to 321 million in Q4 2022. A conference call to discuss these results will be held on May 4.
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